Under the restructuring, Thyssenkrupp Steel Europe (TKSE), which has a workforce of 27,000, said it would cut 11,000 jobs in total - 5,000 of which would be axed by 2030 and another 6,000 shed ...

Thyssenkrupp has agreed to sell a 20% stake in its steel business to Czech billionaire Daniel Kretinsky’s EP Corporate Group for an undisclosed sum, settling on a partial divestment after ...

Thyssenkrupp Steel has announced plans to eliminate 11,000 jobs by the end of this decade — about 40% of its workforce — becoming the latest German industrial giant to opt for drastic action ...

FRANKFURT/DUESSELDORF (Reuters) -Thyssenkrupp gave CEO Miguel Lopez a new five-year contract on Friday to continue an overhaul of the struggling conglomerate, averting a leadership crisis after ...

Thyssenkrupp said on Saturday its steel division must be restructured to fund investment needs with its own earnings, but that the parent company had provided financial security for the next two ...

ThyssenKrupp AG sold the facility, that cost $5 billion to build, in late November to ArcelorMittal and Nippon Steel and Sumitomo Metal Corp for $1.55 billion. It was purchased in a 50-50 joint ...

Thyssenkrupp TKA-2.16 % decrease; red down pointing triangle plans to make all of its divisions independent and open to outside investment, a major overhaul that aims to turn the German industrial ...